03-27-2020, 10:11 PM
The Good:
I think the unemployment benefits are really good. The 600 dollars per week on top of the state unemployment benefits is also really good, despite some GOP senators apparently objecting to it.
I also think protecting gig workers was a really good idea.
Protecting small businesses is also a slam dunk.
The money for hospitals and the healthcare system in general is much needed and will help a lot.
Removing the bit about the poorest people getting less stimulus money was also a wise move.
The Meh:
I could take or leave the actual stimulus though. $1,200 dollars per person isn't all that significant...I'm sure it will help, but I am not sure why it wasn't initially passed as a monthly stimulus, rather than a one time payment.
I also think the bounds that they put on it are unnecessarily arbitrary. Like...$99,000 sounds like a ton of money to a lot of people. But for people living in larger cities, that's basically a normal living wage. My sister in law, for example, lives in LA where rent can easily read 2 to 3 thousand dollars per month, but makes more than $99,000, so she won't get anything. Between her student debt, her rent and car payment, she is basically living paycheck to paycheck yet won't see a dime from this stimulus, for some reason.
$99,000 doesn't really go as far in those cities (SF, LA, NYC) as it does in smaller cities.
The Ugly:
Bailing out massive corporations again when they just got a trillion dollar tax cut 2 years ago is setting a super dangerous precedent. These companies are quickly learning (if they haven't learned it already) that they can be as reckless as they want with their money (whether that be by giving massive bonuses to their CEOs or if it's using federal money to buy back their stocks to enrich their investors) and, if tragedy hits, they can just cry to the government and they'll be given the money to be okay.
And this money is being given to them with basically no conditions. Regular people don't get anything if they make more than $99,000, but corporations can take money with no accountability at all as to what they do with it. Boeing's CEO says that if there were conditions on the money, they would "look at all the other options and we've got plenty of them."
"Too big to fail" is a scourge on this country and needs to die.
Overall, I'm optimistic about the majority of the bill, but the last part is gross. But the Democrats knew they needed to give the Republicans what they wanted (the corporate socialism) in order to get what they wanted (protecting unemployed workers).
I think the unemployment benefits are really good. The 600 dollars per week on top of the state unemployment benefits is also really good, despite some GOP senators apparently objecting to it.
I also think protecting gig workers was a really good idea.
Protecting small businesses is also a slam dunk.
The money for hospitals and the healthcare system in general is much needed and will help a lot.
Removing the bit about the poorest people getting less stimulus money was also a wise move.
The Meh:
I could take or leave the actual stimulus though. $1,200 dollars per person isn't all that significant...I'm sure it will help, but I am not sure why it wasn't initially passed as a monthly stimulus, rather than a one time payment.
I also think the bounds that they put on it are unnecessarily arbitrary. Like...$99,000 sounds like a ton of money to a lot of people. But for people living in larger cities, that's basically a normal living wage. My sister in law, for example, lives in LA where rent can easily read 2 to 3 thousand dollars per month, but makes more than $99,000, so she won't get anything. Between her student debt, her rent and car payment, she is basically living paycheck to paycheck yet won't see a dime from this stimulus, for some reason.
$99,000 doesn't really go as far in those cities (SF, LA, NYC) as it does in smaller cities.
The Ugly:
Bailing out massive corporations again when they just got a trillion dollar tax cut 2 years ago is setting a super dangerous precedent. These companies are quickly learning (if they haven't learned it already) that they can be as reckless as they want with their money (whether that be by giving massive bonuses to their CEOs or if it's using federal money to buy back their stocks to enrich their investors) and, if tragedy hits, they can just cry to the government and they'll be given the money to be okay.
And this money is being given to them with basically no conditions. Regular people don't get anything if they make more than $99,000, but corporations can take money with no accountability at all as to what they do with it. Boeing's CEO says that if there were conditions on the money, they would "look at all the other options and we've got plenty of them."
"Too big to fail" is a scourge on this country and needs to die.
Overall, I'm optimistic about the majority of the bill, but the last part is gross. But the Democrats knew they needed to give the Republicans what they wanted (the corporate socialism) in order to get what they wanted (protecting unemployed workers).
![[Image: oN5QAdY.png]](https://i.imgur.com/oN5QAdY.png)
